449 Marshall StBrooklyn, MI 49230

  • Office buildings
  • 780 SF
For Sale
$149,000 View listing

Property Details for 449 Marshall St

Lot size
0.24 AC
Property size (Sq ft)
780 SF
Zone code
C-2
Property type
Office buildings
APN
000-19-24-455-004-01
APU
192445500401

Description

This exceptional 654-square-foot industrial property, situated on a 0.24-acre lot at 449 Marshall in the heart of Brooklyn, Michigan, presents a remarkable opportunity for businesses seeking a modern and functional workspace. Recently renovated, this fully updated office suite boasts sleek, contemporary finishes and is immediately available. The property includes a finished lower level, adding valuable extra space for storage, additional offices, or client areas. Located in a vibrant community experiencing significant economic growth, this property benefits from Brooklyn's strategic position in southern Jackson County, providing easy access to Lenawee and Hillsdale Counties and a broad customer base. The area is witnessing a surge in local development, attracting new investments and fostering a strong support network among established businesses. This makes 449 Marshall an ideal location for any professional office, service, or retail business looking to establish or expand its presence in a thriving market. The asking price for this turnkey property is $149,000. Don't miss this chance to secure a prime location in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $133,527
    6.5%
    $123,255
    7%
    $114,451
  • Comparable approach

    Method
    Valuation
    Relative Method
    $72,961
    Geo Method
    $72,961
  • Alternative Use

    Use
    Valuation
    Residential
    $152,837
    Hospitality
    $139,998
    Educational
    $116,476
    Medical
    $120,482
    Retail
    $181,185

Location Insight

City
Brooklyn
County
Jackson
State
Michigan
Latitude
42.1074
Longitude
-84.2579
CBSA code
27100
CBSA name
JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,315
-
-
$86,400
-
-
-
$172,800

FAQs

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